Ethereum Trend Analysis (December 8)
The weekly chart shows a mid-term bearish trend, but it is in a phase of rebound. 2740 is the key support line, if it breaks down, it will look down to 2400; strong resistance above is at 3400-3600. The daily chart indicates that a technical rebound has been established (golden cross of moving averages), but the trend reversal has not been confirmed, and overall it is still in a downward channel.
Conclusion: Short-term fluctuating rebound, mid-term bearish outlook remains unchanged. Intraday operations can focus on rebound opportunities at the 3100-3050 support, with resistance above at 3180-3230. Caution is needed for insufficient rebound volume leading to a pullback.
